Annual GDP growth in Tuvalu
Tuvalu: Annual GDP growth was 3.9% in 2023. ◆ Volatile
Latest (2023)
3.9%
Change on year
up 468.8%
World rank
73rd
of 196 countries
All-time high
13.8%
in 2019
All-time low
-6.2%
in 2009
Years of data
24
2000–2023
Annual GDP growth in Tuvalu, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Tuvalu recorded 3.9% for annual gdp growth in 2023.
Compared with earlier readings it is up 468.8% on the previous year and down 11.4% over ten years.
Over the whole period, annual gdp growth in Tuvalu peaked at 13.8% in 2019 and was at its lowest, -6.2%, in 2009.
Tuvalu ranks 73rd of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Tuvalu, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -1.0% | — |
| 2001 | 0.0% | -100.0% |
| 2002 | 9.5% | — |
| 2003 | -4.3% | -145.7% |
| 2004 | -2.3% | -47.7% |
| 2005 | -4.7% | +104.7% |
| 2006 | 2.4% | -152.4% |
| 2007 | 7.1% | +192.9% |
| 2008 | 6.7% | -6.7% |
| 2009 | -6.2% | -193.7% |
| 2010 | -2.2% | -64.4% |
| 2011 | 6.8% | -406.8% |
| 2012 | -2.1% | -131.2% |
| 2013 | 4.3% | -304.3% |
| 2014 | 0.0% | -100.0% |
| 2015 | 10.4% | — |
| 2016 | 5.7% | -45.7% |
| 2017 | 2.4% | -56.7% |
| 2018 | 1.4% | -43.3% |
| 2019 | 13.8% | +896.3% |
| 2020 | -4.3% | -130.9% |
| 2021 | 1.8% | -142.2% |
| 2022 | 0.7% | -62.5% |
| 2023 | 3.9% | +468.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | -6.2% | 9.5% | 10 |
| 2010s | 4.1% | -2.2% | 13.8% | 10 |
| 2020s | 0.5% | -4.3% | 3.9% | 4 |
Countries ranked near Tuvalu
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2035 current LCU per US$ of GDP (2015)
- Taxes less subsidies on products (current LCU), annual growth rate 19.65 % change on previous year (2015)
- Taxes less subsidies on products (current LCU), per capita 682.23 current LCU per person (2015)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.4887 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 2.05 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1.49 (2025)
- Gdp worldbank constant usd, per capita 4,527 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2011)
Frequently asked questions
- What is annual gdp growth in Tuvalu?
- Annual gdp growth in Tuvalu was 3.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Tuvalu?
- The highest recorded value was 13.8% in 2019.
- What is the lowest annual gdp growth recorded in Tuvalu?
- The lowest recorded value was -6.2% in 2009.
- How does Tuvalu rank for annual gdp growth?
- Tuvalu ranks 73rd out of 196 countries with data for 2023.
- Is annual gdp growth rising or falling in Tuvalu?
- Over the last ten years it is down 11.4%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).